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Tag: telecom italia
Italian regulator searches Telecom Italia offices
2013-11-13 01:00:00| Total Telecom industry news
Consob to inspect incumbent's plan to offload Argentina ops, issue convertible bond.
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italia
italian
offices
Telecom Italia gets $1 billion offer for Argentinian unit
2013-11-09 06:27:10| Telecom - Topix.net
Telecom Italia Chief Executive Marco Patuano, who has recently taken over from Franco Bernabe, unveiled late on Thursday a set of disposals that includes the sale of 22.7 percent of Telecom Argentina .
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unit
italia
billion
Telecom Italia to sell Argentine unit and towers
2013-11-08 09:30:00| Telecompaper Headlines
(Telecompaper) Telecom Italia unveiled plans to sell its Argentine unit as well as other assets including towers in Italy and Brazil, while issuing a mandatory convertible bond in a bid to raise around EUR 4 billion to bring down debt and avoid a further credit rating downgrade. The moves were announced in a board meeting held on 07 November and are evidence of the growing influence of the company's largest shareholder, Telefonica, which is gradually increasing its ownership of Telco, the holding company that owns 22.4 percent of Telecom Italia.
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unit
italia
telecom
Telecom Italia receives offer for Argentine division
2013-11-08 01:00:00| Total Telecom industry news
Fintech offers $960 million for Telecom Italia assets, the bulk of which covers the purchase of the telco's shares in Telecom Argentina holding company.
Tags: offer
italia
division
telecom
Telecom Italia to abandon fixed grid spin-off plan - report
2013-10-22 09:35:00| Telecompaper Headlines
(Telecompaper) Telecom Italia is to withdraw its plan to raise much-needed funds by spinning off its fixed network, reports Bloomberg, citing unnamed sources familiar with the matter. The plan, championed by former chairman Franco Bernabe, was initially approved by the board in May before a decision by regulator Agcom in July forced the company to put the project on hold. Telefonica's move gradually to increase its influence on Telecom Italia also slowed down the proposal to raise as much as EUR 14 billion through the network unbundling, with the Spanish operator said to prefer the option to raise around EUR 9 billion by selling off Telecom Italia's Latin American assets.
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plan
fixed
italia
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